Europe must do more to bring down power bills for consumers as wholesale costs soar to levels last seen during the 2022 energy crisis, Eurelectric said.
Two German power retailers are exiting Germany’s household market, forcing about 300,000 customers to find new suppliers as surging wholesale electricity costs put pressure on the industry.
Britain’s grid operator sought emergency assistance from France on Monday evening, requesting as much as 1,200 megawatts of additional electricity through an undersea interconnector to help maintain the security of the power system.
RWE AG has played down the prospect of taking a major role in state-owned Uniper SE, after the utility teamed up with private equity firm KKR & Co. to make a non-binding bid for the German company.
The German government has instructed state-owned energy company SEFE Securing Energy for Europe GmbH to procure and store natural gas in the coming weeks as the region faces pressure to bolster unusually low inventories before winter.
A vessel carrying vehicles briefly became stuck at Dusseldorf harbor due to critically low water levels on the Rhine River, in one of the latest examples of how this year’s extreme weather is threatening transport.
Germany’s negative power prices are heading for their first annual decline in four years, as stronger electricity demand and changes to renewable-energy support curb periods of oversupply.
Police in Germany discovered 12 explosive devices near overhead power lines in two districts in the country’s east, the latest in a spate of incidents targeting the country’s electricity infrastructure.
German day-ahead power prices fell to their lowest level since June amid strong wind generation, creating an unusual price gap with neighboring France.
Uniper SE has identified more than 10 sites across Europe that could be sold or leased for data-center development, as the German utility looks to capitalize on surging demand for AI infrastructure.
Repeated heat waves and droughts this summer have put Europe’s power system on high alert, with shrinking hydro reserves in key markets threatening to drive electricity prices higher later in the year.
Western Europe is bracing for the summer’s third major heat wave, fueling dangerous wildfire conditions and straining power systems across the region.
Firefighters try to contain a fire at a warehouse facility during a wildfire near Oraiokastro, a suburb of Thessaloniki, Greece, on July. 4. Photographer: Konstantinos Tsakalidis/Bloomberg
The deadly heat wave that’s set temperature records across western Europe for more than a week has shifted east to scorch Hungary, Romania and the Balkans.
Police water canon sprays tourists at the Brandenburg Gate during a heat wave in Berlin, on June 27. Photographer: Krisztian Bocsi/Bloomberg
Europe’s electricity system is under mounting pressure from an intense heat wave, with extreme swings in power prices as soaring temperatures drive up demand and curb output.
France and Germany have seen increasingly sharp evening price spikes as cooling demand rises.
German energy company RWE AG plans to raise about €4.1 billion ($4.7 billion) selling shares in order to increase its stake in one of the country’s transmission system operators — a significant step that marks the company’s increasing shift toward regulated infrastructure assets.
The government has faced growing pressure to loosen its commitment to cutting emissions.
The Houses of Parliament during a heat wave in London, UK, on Monday, June 22, 2026. A heat wave gripping western Europe is forecast to strengthen this week, with days of dangerously hot and humid conditions and record-breaking temperatures in France, the UK, Spain and Germany. Photographer: Jose Sarmento Matos/Bloomberg
A heat wave gripping western Europe is forecast to strengthen this week, with days of dangerously hot and humid conditions and record-breaking temperatures in France, the UK, Spain and Germany.
A woman cools off in a fountain in Ronda, southern Spain, on June 21.
A heat wave gripping western Europe is forecast to strengthen this week, with days of dangerously hot and humid conditions and record-breaking temperatures in France, the UK, Spain and Germany.
A woman cools off in a fountain in Ronda, southern Spain, on June 21.